Rajasthan Securities Incorporates Wholly Owned Subsidiary RSL Securities
Rajasthan Securities Ltd has announced the incorporation of its wholly-owned subsidiary, RSL Securities Private Limited, on August 6, 2026. This follows a board approval on July 14, 2026, for establishing a subsidiary in India. RSL Securities Private Limited will engage in general trading and securities trading, aligning with the parent company's business activities. The subsidiary has an authorized and paid-up share capital of ₹1,00,00,000/-. The incorporation is subject to approvals from the Ministry of Corporate Affairs and other relevant authorities. The parent company clarified that while the subsidiary is a related party, its promoters and promoter group have no interest in it, as the company currently has no promoter, promoter group, or group companies.
Key Highlights
- Rajasthan Securities Ltd incorporated a wholly-owned subsidiary, RSL Securities Private Limited.
- The subsidiary will focus on general trading and securities trading.
- Initial authorized and paid-up capital is ₹1,00,00,000/-.
- The incorporation aligns with the company's long-term growth strategy.
- No promoter or promoter group interest in the new subsidiary.
Price Impact
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